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Property profile & analytics
OFF-MARKET
Commercial real estate

216 White Horse Pike Clementon, NJ 08021-4302

0.25 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US59-3063679
Property summary
AI-generated overview

This exceptional mixed-use property, located at 216 White Horse Pike in Clementon, NJ 08021, presents a unique investment opportunity. The 5,200 square foot building, constructed in 1960 and completely renovated in 2024, boasts a versatile layout ideal for a variety of commercial and residential uses. Currently configured with a fully renovated three-bedroom apartment and attached commercial/office space, the property offers significant rental income potential. The 3,800 square foot commercial space is available for lease. The building sits on a 0.26-acre lot and features eight parking spaces, a significant advantage given its Highway Commercial (HC) zoning. This zoning allows for a wide range of business types to thrive, capitalizing on the high volume of vehicular and pedestrian traffic on White Horse Pike. The property's prime location provides excellent visibility and convenient access to major highways, shopping centers, and local amenities. This two-story building offers a blend of residential and commercial space, making it an attractive option for both investors and business owners. The combination of a strong location, recent renovations, and flexible zoning makes this a rare opportunity in Southern New Jersey's thriving market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.25 ac (10,846 SF)
APN 11 00075-0000-00022
UPID US59-3063679
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
216 White Horse Pike Investments Ll · 3 yrs held
216 White Horse Pike Investments Ll
since 2023
Last sale
$210,000
4 recorded transactions
2023
$210,000
2022
Price N/A
2014
Price N/A
2007
$300,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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